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Faroe Islands - Trade Balance 2025

Name: Faroe Islands Trade Balance 2025
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

External balance on goods and services · World Bank

$145.0M +$8.8M from 2024 Global rank: 73rd

Faroe Islands's trade balance was $145.0M in 2025, increased +$8.8M from $136.2M in 2024. This was the 73rd highest globally.

Global Ranking - 2025▾

Trade Balance by Country - 2025
Rank	Country	Value	YoY
1st	China	$546.2B	2.3%
2nd	Ireland	$285.2B	12.0%
3rd	Singapore	$229.4B	19.1%
4th	Germany	$147.0B	-16.9%
5th	Netherlands	$133.5B	-0.4%
6th	Russian Federation	$128.7B	36.9%
7th	Switzerland	$121.2B	26.6%
8th	Norway	$117.8B	78.8%
9th	Saudi Arabia	$103.6B	136.0%
10th	Qatar	$101.0B	15.9%
11th	Spain	$81.8B	13.9%
12th	United Arab Emirates	$78.5B	2.5%
13th	Australia	$61.1B	65.7%
14th	Kuwait	$59.7B	86.3%
15th	Denmark	$50.1B	15.3%
16th	Poland	$39.2B	6.8%
17th	Viet Nam	$37.2B	21.1%
18th	Indonesia	$34.0B	35.7%
19th	Iraq	$33.3B	176.9%
20th	Korea	$32.4B	-57.6%
21st	Luxembourg	$30.5B	3.0%
22nd	Brazil	$27.2B	325.9%
23rd	Oman	$26.6B	43.8%
24th	Kazakhstan	$25.4B	44.7%
25th	Macao SAR, China	$25.2B	20.5%
26th	Malaysia	$22.1B	-1.8%
27th	Italy	$20.8B	-60.1%
28th	Czechia	$18.5B	-14.9%
29th	Angola	$16.5B	35.1%
30th	Peru	$15.7B	-3.3%
31st	Azerbaijan	$15.1B	122.5%
32nd	Algeria	$14.7B	1,366.4%
33rd	Israel	$13.5B	3.2%
34th	Canada	$12.9B	319.8%
35th	Libya	$12.8B	74.1%
36th	Hong Kong SAR, China	$12.6B	-24.0%
37th	Sweden	$11.6B	-29.7%
38th	Bahrain	$11.3B	37.4%
39th	Gabon	$9.2B	18.7%
40th	Hungary	$9.1B	-4.8%
41st	Austria	$8.6B	-36.8%
42nd	Portugal	$7.7B	32.3%
43rd	Thailand	$7.0B	-60.1%
44th	Costa Rica	$6.0B	10.3%
45th	Puerto Rico (US)	$5.7B	-50.7%
46th	Turkmenistan	$5.5B	67.1%
47th	Argentina	$4.9B	-70.2%
48th	Malta	$4.7B	1.1%
49th	Chile	$4.3B	-63.6%
50th	Panama	$4.0B	-7.8%
51st	Uruguay	$3.9B	-4.0%
52nd	Slovenia	$3.9B	-13.4%
53rd	Brunei Darussalam	$3.7B	50.0%
54th	Bulgaria	$3.7B	28.4%
55th	Chad	$3.2B	38.4%
56th	Congo, Republic of	$3.0B	53.2%
57th	Bermuda	$2.8B	5.5%
58th	Lithuania	$2.4B	-45.5%
59th	Ecuador	$2.3B	-44.1%
60th	Equatorial Guinea	$2.1B	66.0%
61st	Niger	$2.0B	110.7%
62nd	Cyprus	$1.7B	22.3%
63rd	Ghana	$1.5B	57.2%
64th	Virgin Islands (US)	$1.3B	357.5%
65th	Zambia	$1.2B	-36.6%
66th	South Africa	$983.3M	-87.3%
67th	San Marino	$718.1M	14.2%
68th	Djibouti	$622.6M	29.3%
69th	Aruba	$545.4M	67.8%
70th	Mongolia	$473.0M	295.8%
71st	Estonia	$423.1M	225.6%
72nd	Maldives	$209.1M	6,603.3%
73rd	Faroe Islands	$145.0M	6.5%
74th	Belize	$136.8M	189.6%
75th	Iceland	$-44.4M	87.5%
76th	Nauru	$-100.7M	-12.2%
77th	Cambodia	$-104.3M	68.8%
78th	Marshall Islands	$-128.7M	-11.8%
79th	Eswatini	$-145.1M	-9,682.4%
80th	Armenia	$-168.8M	76.9%
81st	Bahamas, The	$-177.4M	69.5%
82nd	Palau	$-193.5M	-29.2%
83rd	Micronesia, Federated States of	$-208.2M	0.9%
84th	Antigua and Barbuda	$-223.0M	-44.7%
85th	Sudan	$-270.2M	1.7%
86th	Cabo Verde	$-281.7M	10.2%
87th	Samoa	$-289.1M	-35.1%
88th	Tonga	$-331.5M	-11.9%
89th	Kiribati	$-350.0M	-26.6%
90th	Seychelles	$-357.2M	8.6%
91st	Comoros	$-371.2M	-4.9%
92nd	Guinea-Bissau	$-378.3M	-12.9%
93rd	American Samoa	$-381.5M	-42.4%
94th	Greenland	$-419.9M	-22.6%
95th	Central African Republic	$-423.2M	6.3%
96th	Finland	$-513.7M	-148.4%
97th	Sierra Leone	$-558.7M	-33.3%
98th	Solomon Islands	$-603.9M	-26.2%
99th	Benin	$-633.3M	0.4%
100th	Gambia, The	$-641.9M	-8.2%
101st	Sri Lanka	$-773.0M	70.2%
102nd	Vanuatu	$-920.5M	-95.0%
103rd	Slovak Republic	$-985.3M	-184.4%
104th	Northern Mariana Islands	$-1.0B	-88.9%
105th	Bhutan	$-1.2B	-55.0%
106th	Belarus	$-1.2B	13.7%
107th	Lesotho	$-1.2B	-1.6%
108th	Togo	$-1.3B	-25.8%
109th	Albania	$-1.4B	24.3%
110th	Madagascar	$-1.4B	1.7%
111th	Timor-Leste	$-1.5B	-6.3%
112th	Paraguay	$-1.5B	-38.7%
113th	New Caledonia	$-1.5B	-3.3%
114th	Rwanda	$-1.6B	-35.4%
115th	Burkina Faso	$-1.6B	-105.1%
116th	Côte d'Ivoire	$-1.6B	-336.5%
117th	French Polynesia	$-1.7B	5.3%
118th	Montenegro	$-1.7B	9.0%
119th	Mauritius	$-1.7B	-1.6%
120th	Mali	$-1.7B	-36.6%
121st	Latvia	$-1.8B	-156.0%
122nd	Cameroon	$-1.9B	-14.1%
123rd	Botswana	$-1.9B	40.1%
124th	Mauritania	$-2.0B	-68.8%
125th	Mozambique	$-2.3B	0.9%
126th	Georgia	$-2.4B	9.4%
127th	North Macedonia	$-2.5B	-14.3%
128th	Bolivia, Plurinational State of	$-2.6B	-15.0%
129th	Guinea	$-2.7B	27.9%
130th	Tanzania	$-2.9B	-101.3%
131st	Congo, Democratic Republic of	$-3.0B	-39.0%
132nd	Zimbabwe	$-3.0B	-34.7%
133rd	Malawi	$-3.0B	-14.3%
134th	Türkiye	$-3.3B	-145.5%
135th	Tunisia	$-3.4B	-3.9%
136th	Croatia	$-3.5B	19.6%
137th	Kosovo	$-3.6B	-7.2%
138th	Nicaragua	$-4.0B	-15.3%
139th	Namibia	$-4.1B	-16.1%
140th	Serbia	$-4.1B	-0.5%
141st	Bosnia and Herzegovina	$-4.1B	-3.9%
142nd	Haiti	$-4.3B	-9.3%
143rd	Tajikistan	$-4.7B	-23.0%
144th	Syrian Arab Republic	$-5.0B	3.3%
145th	Moldova	$-5.2B	-9.7%
146th	Afghanistan	$-5.3B	9.5%
147th	Guam	$-5.4B	-38.6%
148th	Uganda	$-6.0B	-22.3%
149th	West Bank and Gaza	$-7.0B	-30.3%
150th	Jordan	$-7.3B	5.5%
151st	Kenya	$-7.7B	-5.6%
152nd	El Salvador	$-7.7B	-13.7%
153rd	Lebanon	$-7.8B	9.8%
154th	Senegal	$-7.9B	-27.7%
155th	New Zealand	$-8.3B	-98.9%
156th	Somalia, Fed. Rep.	$-8.8B	-7.8%
157th	Dominican Republic	$-9.8B	-26.3%
158th	Belgium	$-10.2B	-293.4%
159th	Kyrgyz Republic	$-10.2B	-43.5%
160th	Honduras	$-10.8B	-21.2%
161st	Nepal	$-12.4B	-14.3%
162nd	Iran, Islamic Republic of	$-13.1B	44.4%
163rd	Greece	$-14.1B	0.7%
164th	Morocco	$-14.7B	-12.1%
165th	Egypt, Arab Republic of	$-17.5B	34.3%
166th	Colombia	$-20.0B	1.1%
167th	Guatemala	$-21.3B	-20.9%
168th	Uzbekistan	$-21.4B	-22.3%
169th	Romania	$-24.9B	-8.4%
170th	France	$-27.9B	-168.6%
171st	Bangladesh	$-28.0B	-6.1%
172nd	Pakistan	$-28.9B	-14.4%
173rd	Mexico	$-43.8B	-99.7%
174th	Ukraine	$-52.0B	-43.9%
175th	United Kingdom	$-60.7B	-88.8%
176th	Philippines	$-80.6B	-21.7%
177th	Japan	$-82.2B	-134.7%
178th	India	$-122.3B	-34.4%
179th	United States	$-981.7B	-7.9%

FAQ

What was Faroe Islands's trade balance in 2025?▾

Faroe Islands's trade balance in 2025 was $145.0M. This ranked 73rd globally.

How did Faroe Islands's trade balance change in 2025?▾

Faroe Islands's trade balance increased by 6.5% in 2025 compared to 2024.

Which country had the highest trade balance in 2025?▾

China had the highest trade balance in 2025 at $546.2B.

What is the trade balance of Faroe Islands in 2025?▾

The trade balance of Faroe Islands in 2025 was $145.0M. This ranked 73rd globally.

How does 2025 compare to 2024 for Faroe Islands's trade balance?▾

Faroe Islands's trade balance went from $136.2M in 2024 to $145.0M in 2025, a 6.5% increase.

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